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42+ Great Compare Bank Cd Rates : How to Open a Checking Account | GOBankingRates : But which one should you choose?. Find the highest cd yields and open an account today. We've compiled a list of the best cd rates, removing the guesswork for you. Online bank ally's cds have a solid range of terms and rates, and there's no minimum opening requirement. Bank of america has a variety of cd terms at a somewhat low minimum opening requirement, but cd rates tend to be low. Compare the best cd interest rates across thousands of banks and credit unions.